Law of Indirect Taxation (GST)
Guru Ghasidas Vishwavidyalaya · LL.B. Semester 8 · LAIHTD2N
Unit I — Foundations of Indirect Taxation and GST
Constitutional Framework Before GST (Taxation Power of Union & State Government) · VAT System: Meaning, variants, and computation methods · Deficiencies in Pre-GST Regime: Cascading effect, tax overlaps, compliance burdens · Rationale and Objectives of GST: Economic unification, seamless credit flow · Structure of GST: CGST, SGST, IGST, UTGST · GST Council (Article 279A) : Composition, powers, decision process · (GST Network: Structure and functions · State Compensation Mechanism: Compensation to States Act, 2017
Unit II — Levy, Scope, and Classification under GST
Taxable Event – “Supply”: Definition, Schedule I–III (CGST Act, Section 7) · Place of Supply Rules: Intra-state vs. Inter-state supplies (Sections 10–13, IGST Act) · Import and Export under GST: Treatment, zero-rated supply · Time of Supply: Goods and services (Sections 12–13, CGST Act) · Valuation of Supply: Transaction value, inclusions/exclusions, reimbursement (Section 15 & Valuation Rules) · Exemptions from GST: Threshold exemption, small suppliers, and Composition Scheme (Section 10) · Classification of Goods and Services: Composite supply vs. Mixed supply
Unit III — Input Tax Credit (ITC) Mechanism
Eligibility and Ineligibility for ITC (Sections 16–17) · Apportionment of Credit and Blocked Credits (Section 17(5)) · Capital Goods and ITC: Conditions and exceptions · Reversal and Recovery of Wrongly Availed Credit · ITC in Special Cases: Job work, ISD, mergers, etc. · Transfer of Input Credit (Input Service Distribution) · Payment of Tax: Electronic cash, credit ledgers · Refunds under GST: Procedures, limitations · Doctrine of Unjust Enrichment · Reverse Charge Mechanism (RCM): Notified services/supplies (Sections 9(3), 9(4)) · TDS and TCS under GST: Compliance and filing (Sections 51–52) · Reverse Charge Mechanism, Job work
Unit IV — Procedural Compliance and Assessment
Tax Invoice, Bill of Supply, Debit and Credit Notes · GST Returns: Types (GSTR-1, GSTR-3B, GSTR-9), due dates, late fees · Audit under GST: Statutory audit, special audit, audit by tax authorities · Assessment Procedures: · Self-assessment · Provisional assessment · Summary assessment · Best judgment assessment · Rectification and Revision of Returns
Unit V — Special Provisions, Exemptions & Penal Provisions
Taxability of E-Commerce: Role of aggregators, registration, TCS · Anti-Profiteering Provisions (Section 171) : National Anti-Profiteering Authority · Dual Control and its Avoidance: GST Council decisions · E-way Bills: Compliance mechanism, penal implications · Zero-Rated Supply: Exports, SEZ (Sections 16–17, IGST Act) · Non-Taxable Supplies (Schedule III): · Alcoholic liquor for human consumption · Petroleum crude · High-speed diesel (HSD) · Motor spirit (petrol) · Natural gas · Aviation turbine fuel · Offences and Penalties (Sections 122–138) · Appeals and Dispute Resolution